FRB: Z.1 Release--F.123--Closed-End and Exchange-Traded Funds--September 18, 2008

F.123 Closed-End and Exchange-Traded Funds
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description	2003	2004	2005	2006	2007	2007 Q1	2007 Q2	2007 Q3	2007 Q4	2008 Q1	2008 Q2	Line
Closed-end funds total financial assets asset	43.7	32.7	20.7	8.2	17.5	52.6	23.1	2.5	-8.0	-17.7	-35.8	1
Closed-end funds credit market instruments asset	35.5	11.0	2.2	6.0	-1.2	-0.9	13.9	-18.0	0.1	-20.7	-17.7	2
Closed-end funds total Treasury securities asset	0.6	2.3	0.3	0.2	-1.7	-0.8	-2.1	-0.7	-3.4	-0.9	-0.2	3
Closed-end funds municipal securities and loans asset	3.2	-0.1	0.2	0.0	1.6	-2.2	-0.9	-5.6	15.1	-8.1	-9.7	4
Closed-end funds corporate and foreign bonds asset	31.6	8.9	1.7	5.7	-1.0	2.1	16.9	-11.7	-11.5	-11.7	-7.7	5
Closed-end funds corporate equities asset	8.3	21.7	18.5	2.2	18.7	53.5	9.1	20.5	-8.2	3.0	-18.1	6
Closed-end funds total financial assets asset	43.7	32.7	20.7	8.2	17.5	52.6	23.1	2.5	-8.0	-17.7	-35.8	7
Exchange-traded funds total financial assets asset	15.8	56.4	56.7	74.0	149.9	57.4	69.5	191.0	281.8	33.2	52.9	8
Exchange-traded funds credit market instruments asset	0.7	3.8	6.8	5.7	12.7	6.8	15.6	9.6	18.9	17.5	20.7	9
Exchange-traded funds total Treasury securities asset	0.1	2.8	4.8	3.4	6.6	3.2	8.7	4.4	10.0	5.5	6.3	10
Exchange-traded funds corporate and foreign bonds asset	0.6	1.0	1.9	2.4	6.2	3.6	6.9	5.2	9.0	12.0	14.5	11
Exchange-traded funds corporate equities asset	15.1	52.6	50.0	68.3	137.2	50.5	53.9	181.4	262.9	15.7	32.1	12
Exchange-traded funds total financial assets asset	15.8	56.4	56.7	74.0	149.9	57.4	69.5	191.0	281.8	33.2	52.9	13